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Intangible Assets and Goodwill
 3 Months Ended
Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets and Goodwill Intangible Assets and Goodwill
Intangible Assets
Intangible assets consisted of the following:
March 31, 2025December 31, 2024
Gross
Carrying
Amount		Accumulated
Amortization		Net
Carrying
Amount		Gross
Carrying
Amount		Accumulated
Amortization		Net
Carrying
Amount
Customer relationships$46,899 $(30,263)$16,636 $43,569 $(29,179)$14,390 
Software & technology2,993 (1,705)1,288 2,944 (1,554)1,390 
Total intangible assets$49,892 $(31,968)$17,924 $46,513 $(30,733)$15,780 

Amortization expense for both the three months ended March 31, 2025 and 2024 was $1 million.
Future amortization expense as of March 31, 2025 is shown in the table below. Actual amortization expense may differ due to, among other things, fluctuations in foreign currency exchange rates, acquisitions, divestitures and impairment charges.
Remainder 2025$3,468 
20263,702 
20273,437 
20282,771 
20291,689 
Thereafter2,857 
Total$17,924 

Goodwill
Changes in the carrying value of goodwill by reporting segment are shown in the table below.
December 31, 2024Currency impactMarch 31,
2025
SendTech Solutions$497,240 $8,684 $505,924 
Presort Services223,763 — 223,763 
Total goodwill$721,003 $8,684 $729,687